For the first time at a U.S. auto show, Porsche brings its original,
60-year- old sports car, Porsche No. 1, and 550 Spyder

LOS ANGELES - November 19, 2008: Marking a worldwide premiere, Porsche today
pulled the wraps off its new-generation 2009 Boxster and Cayman models at a
press conference at the Greater Los Angeles Auto Show. Reminding everyone
of the long historical roots of these modern cars, the German sports car
maker also displayed the first car to don the Porsche name, affectionately
known as Porsche No. 1, as well as the company's first-ever race car, the
550 Spyder, which is on loan from the collection of Jerry Seinfeld. Both
are among the most historically significant sports cars of their eras and
represent Porsche's first mid-engine designs -- the same engine
configurations now thoroughly refined in both the new Boxster and
Cayman.

The new Boxster -- the famous two-seat roadster first launched by
Porsche in 1997 -- and its mid-engine coupe sibling, the Cayman -- which
debuted in 2006 -- offer more powerful flat-six boxer engines, which are
even more fuel efficient than the powerplants they replace. On the
outside, the Boxster and Cayman also receive subtle, yet very distinct,
refinements that update the classic sports car design of both automobiles
individually. Both add new standard and optional features for the 2009
model year.

Click PLAY to watch the complete Porsche Press Conference

The new 2009 Boxster and Cayman models go on sale in the U.S. in March
of next year. 2009 Boxster pricing in the U.S. starts at $45,800 for the
base version, $55,700 for the Boxster S, $49,400 for the base Cayman and
$59,100 for the Cayman S.

"Today is our first presentation of the new 2009 mid-engine sports cars,
and here is the right place," said Detlev von Platen, President and CEO of
Porsche Cars North America. "We wanted to celebrate their worldwide
premiere here in Los Angeles since it is, by far, the city with the highest
population of Boxsters and Caymans anywhere."

For the first time, the Boxster S and the Cayman S use Porsche's new
direct fuel injection (DFI) and all versions of these models can be ordered
with the company's innovative 7-speed double-clutch gearbox
PorscheDoppelkupplung (PDK). PDK is a race-inspired technology that is
essentially two transmissions in one: it combines the driving convenience
of an automatic with the sporty and fuel efficient operation of manual
gearshifts by employing two fully automated parallel clutches. It can be
driven as a full automatic or it can be shifted manually via paddles on the
steering wheel or through the shift knob. The result is more power with
improved fuel efficiency, a development that helps Porsche meet today's
demands for reducing environmental impact, yet maintain the brand's
performance persona.

"Our mantra at the research and development is that every new model has
to outperform its predecessor and does so by offering significant fuel
savings," said Wolfgang Durheimer, Board Member in Charge of Research and
Development, Porsche AG. "Both Boxster and Cayman pass this test with
flying colors: not only are they noticeably quicker and more responsive, they are at the
same time even more frugal than the cars they replace."

The new base engine in these models is a 2.9 liter flat six cylinder
that develops 255 hp in the Boxster and 265 hp in the Cayman, representing
an increase in power of 10 hp and 20 hp, respectively, over the preceding
models. The 3.4 liter power unit in the S versions, which benefits from
Porsche's Direct Fuel Injection (DFI), now delivers 310 hp in the Boxster S
and 320 hp in the Cayman S.

The universally hailed mid-engine concept used in the new Boxster and
Cayman models has a long history at Porsche; this heritage is on display in
L.A. with the first Porsche from 1948, a one-of-a-kind, mid-engine two-seat
sports car lovingly called Porsche No. 1, as well as a historic, mid-engine
Porsche 550 Spyder, the first Porsche car specifically designed for racing.
Company founder Dr. Ferdinand 'Ferry' Porsche developed and built the
Porsche No. 1, or as it is officially known, the Type 356-001, in Gmund,
Austria, after he searched and was unable to find the car of his dreams 60
years ago.

"Look at his (Ferry Porsche's) first Porsche of 1948 and his quest for
the pure sports car," said Klaus Berning, Board Member in charge of Sales
and Marketing, Porsche AG. "It is a simple, yet rather sophisticated
design, and it is a blueprint for an idea that would decades later become
the highly successful Boxster: its revolutionary mid-engine concept
together with a functional, aerodynamic roadster design, lightweight and a
small, highly efficient engine resulted in a sports car that was nimble,
responsive and quick, and it rewarded its inventor with sheer driving
pleasure -- a rare quality in those days."

Another extraordinary car on display is the Porsche 550 Spyder -- a car
that was introduced in 1953 at the Paris Motor Show and later became the
mid- engine inspiration for the modern Boxster. The car began in 1951 as a
small Porsche 356 Spyder that was created and raced by Walter Glockler;
several years later, the factory decided to build such a car, making it the
first Porsche designed specifically for use in auto racing.

The 550 became known as Spyder or RS, and was the first of Porsche's
formidable mid-engine race cars, giving Porsche its first overall win in a
major sports car racing event, the 1956 Targa Florio. Several class wins
at Le Mans 24-hour event, and wins throughout Europe helped the 550 become
a legend in the motorsports world. With over 70 examples produced, the 550
RS Spyder marked the beginning of Porsche's customer race car program that
has grown to become a worldwide success.

This 1955 550 RS Spyder is on loan from the special collection of Jerry
Seinfeld.

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